Vanguard Total Corporate Bond Fund (NASDAQ:VTC) to Issue Monthly Dividend of $0.30

Vanguard Total Corporate Bond Fund (NASDAQ:VTC) declared a monthly dividend on Wednesday, October 30th, Zacks reports. Stockholders of record on Friday, November 1st will be paid a dividend of 0.30 per share on Tuesday, November 5th. This represents a $3.60 annualized dividend and a dividend yield of 4.67%. The ex-dividend date is Friday, November 1st. This is an increase from Vanguard Total Corporate Bond Fund’s previous monthly dividend of $0.28.

Vanguard Total Corporate Bond Fund Price Performance

Shares of NASDAQ:VTC opened at $77.05 on Friday. The company’s 50 day simple moving average is $78.55 and its 200 day simple moving average is $76.92. Vanguard Total Corporate Bond Fund has a 1 year low of $70.82 and a 1 year high of $79.92.

About Vanguard Total Corporate Bond Fund

The Vanguard Total Corporate Bond ETF (VTC) is an exchange-traded fund that is based on the Bloomberg U.S. Corporate Bond index. The fund is a fund-of-funds. It tracks an index designed to provide exposure to investment-grade US corporate bonds with broad maturities. VTC was launched on Nov 7, 2017 and is managed by Vanguard.